Hi this is Kevin Barmann, short sale listing manager for the Matt Fetick Real Estate at Keller Williams in Philadelphia and with SoldByShortSale.com. What I would like to talk to you about today is a question that we recently had, “Do you work with my lien holder?” The truth is that we have worked on short sales and successfully closed short sales for many local banks and the bigger, national lenders. What we do is we know exactly what the banks require, what sorts of questions they’re going to ask and we relay that information to you before you even begin the short sale process. We request that you send those documents into us to ensure that we feel the mortgage company will approve the short sale once everything is submitted to them. Ultimately, regardless of who your lien holder is, what you read on the web, or hear from your friends and family, we do negotiate with any lender. If you have a question about something specific with your lender or if you would like more information about doing a short sale in your house, feel free to message us on our website, SoldByShortSale.com, or call us at 610.427.4420.

Also, if you’re still on the fence about whether or not a short sale is the answer to your financial struggles you can check out our short sale calculator at SoldByShortSale.com. This easy tool can provide you with some of the answers you really want in order to make a smart financial decision concerning your property. If you fill in your home address, mortgage interest rate, remaining principal amount, and monthly mortgage payment the calculator will send you a detailed report outlining how long it will take until your property will break even as well as how much money it will take to get you there. It is a great tool that many homeowners in the Philadelphia area are making the most of and I urge you to do so also if you are at all thinking about a short sale for your property.

For more information on short sales and how to avoid foreclosure, visit the Sold By Short Sale blog or you can also contact the Matt Fetick team and get started today.